There is a lot to like in XPO Logistics’ unaudited interim results released on Thursday, if you trust the bulls.
As CEO Bradley Jacobs pointed out, in the second quarter (Q2) the 3PL “beat on EPS, adjusted ebitda and free cash flow (…), offsetting a softer operating environment with cost discipline and margin gains.”
Others I talked to were similarly upbeat, but not always for good reasons.
Highlights